HumbleBee

Has Gold Reached Bubble Territory?

Thanks for the tips!
Great information on GATA.org.
Just wonder how long this holding gold prices down would continue?
Would not want to hold these gold calls too long before expirations.

Has Gold Reached Bubble Territory?

I still think gold is on a bullish trend, given the US dollar, inflation, and other economic issues.
So I bought some calls lst month (e.g. Barrick Gold $40 Jan 09 at $16, and Yamana Gold $15 July 08 at $3.9).
Prices have pulled back in the last few weeks, and now in loss situations.
Any gold experts understand why? Thanks.